Tata Power, an EV charging solutions provider, has partnered with Kolte-Patil Developers (KPDL), a Pune-based real estate developer, with a growing presence in Mumbai and Bengaluru, to set up charging stations across its projects in the cities of Pune, Mumbai and Bengaluru for providing comprehensive charging solutions to the EV owners. As part of wider…
Perimeter 81, a company that offers secure network solutions for the hybrid workforce on its cloud-based platform, announced it has completed a $100 million Series C funding round led by B Capital, with the participation of Insight Partners, Toba Capital, ION Crossover Ventures, Entrée Capital and publicly-traded Spring Ventures led by Aviv Refuah. “This puts us at $1 billion valuation but more importantly,…
Practo, India’s leading integrated healthcare company announced the appointment of Amit Kumar Verma as Head of Engineering (SVP), Consumer Business. In his new role, Amit will be responsible for the overall product engineering & development of the company. Amit brings in more than two decades of experience in the field of product engineering and has built software systems…
Westlife Development Limited, owner and operator of the master franchisee of McDonald’s restaurants in West & South India has appointed Akshay Jatia as Executive Director of the organization. In his new role, Akshay will now lead the overall business strategy to further strengthen McDonald’s as the food-tech destination of choice across platforms in West and…
RattanIndia Power Limited announced that Vibhav Agarwal has resigned from the role of Managing Director of the company, with effect from June 3, 2022. According to the company’s exchange filing, “Mr. Vibhav Agarwal (DIN: 03174271), Managing Director of the Company has resigned due to his personal reasons and hence also ceased to be Key Managerial…
Cyient, a consulting-led, industry-centric, global Technology Solutions company, announced that it had signed definitive agreements to acquire Celfinet for EURO 41 Million. An international Wireless Engineering Services company, Celfinet, is focused on providing end-to-end Network Planning and Performance Optimization services, a statement said. With this acquisition, Cyient strengthens its Wireless Engineering practice to support Communication…
Adani Transmission Ltd. (ATL), a private sector transmission and distribution company, has signed definitive agreements with Essar Power Ltd. (EPL) for acquiring 673 ckt kms operational inter-state transmission project owned and operated by Essar Power Transmission Ltd. (EPTCL). The Enterprise value for the transaction is INR 1,913 crore. Anil Sardana, MD & CEO, Adani Transmission…
Gupshup, a global leader in conversational engagement, announced the acquisition of OneDirect, the omnichannel, AI-enabled, customer service platform of choice for leading brands in India, South East Asia and the Middle East. The acquisition strengthens Gupshup’s suite of conversational solutions and enables superior omnichannel conversational engagement with a powerful and flexible live Agent Assist solution that…
Hyatt Hotels Corporation announced a leadership change positioning Hyatt for continued strategic growth in the Europe, Africa & Middle East (EAME) region. JavierÁguila has been appointed incoming group president EAME, following the planned retirement of Peter Fulton who looks back on an impressive 39-year career at Hyatt. Águila and Fulton will work together through a smooth…
Zoom Video Communications, Inc. announced that Matthew Saxon will join the company as its Chief People Officer, effective immediately. Saxon brings more than 20 years of experience in human resources and people operations. He was most recently the Vice President of People Operations at Meta, and previously was Senior Vice President of Compensation, HR Operations, and Shared Services at…
Cloud kitchen startup Curefoods has raised about $43 million in a funding round led by Winter Capital, according to ETtech report. Three State Capital has invested $5.8 million in the round. Existing investors Chiratae Ventures infused about $1.6 million, while Accel India invested $3.9 million and Iron Pillar put in $10 million, according to regulatory…
Alt Co., green food major, announced it has raised north of US$1 million in a funding round led by major investors from Singapore, the Middle East and India. With this injection of funds, the Bengaluru-headquartered sustainable plant-based alternative brand will be seeking to expand and grow its sales and product basket, a statement said. In the…
Webscale, a cloud platform for modern commerce, has announced that it has appointed Aditi Bokhar as VP Customer Success. Building on her experience of leading the customer success team since 2018, Aditi has moved to the Santa Clara headquarters to further strengthen the company’s customer advocacy initiatives and expand its revenue footprint, the statement said.…
Chubb Limited, a publicly traded property and casualty insurance company, announced that Cheryl Krauss has been appointed Senior Vice President, Chubb Group and Chief Communications Officer, effective June 6. Krauss will report to Evan G. Greenberg, Chairman and Chief Executive Officer. Krauss will be responsible for Chubb’s corporate communications and marketing functions globally. In addition, the investor relations function will report…
Houlihan Lokey, the global investment bank, announced that Rishi Aswani has joined the firm’s Financial and Valuation Advisory (FVA) business in Mumbai as a Managing Director in the Portfolio Valuation and Fund Advisory Services practice. Aswani will lead client services for Houlihan Lokey’s FVA clients in the region, while also establishing FVA’s Mumbai-based capabilities to…